Best PayPal Alternatives for Freelancers in the UK
Discover the best PayPal alternatives for freelancers in the UK. Our guide explains the features and fees of each to help you make an informed choice.
Fiverr is a leading online marketplace connecting businesses with freelancers offering digital services in hundreds of categories. Thousands of freelancers make money on the freelancing platform - however, money withdrawal may be challenging, especially for new sellers.
This guide runs through how to withdraw money from Fiverr, including the withdrawal methods available.
Plus, how you can potentially save money by linking Wise Business to your Fiverr account, swerving unnecessary currency conversion fees.
Withdrawals on a Fiverr UK account can only be initiated 14 days after an order has been marked completed, although top-rated sellers on Fiverr wait for only 7 days to withdraw money.1
There are 4 ways to withdraw money from Fiverr:2
- Withdraw to a PayPal account
- Withdraw to a Payoneer account
- Bank transfer (via Payoneer)
- Withdraw to the Fiverr Revenue Card (provided by Payoneer)
To start a withdrawal, you simply need to:
- Check the available balance to withdraw on Fiverr. You can check your balance by clicking on the earnings option on your dashboard.
- Choose your preferred withdrawal method, choose the amount, check the details and confirm.
PayPal is a globally recognised online payments platform, which allows for the instant transfer of funds. It’s one of the options for withdrawing money from the Fiverr platform.
Any funds received in your PayPal account can sit in the account until you intend to spend them (online or via the PayPal Debit Card), or you can transfer to your bank account.
Key things you need to know:2
- The minimum withdrawal is $1 USD
- The maximum withdrawal is $5,000 USD
- There’s no Fiverr to PayPal withdrawal fee
- Withdrawals take up to 24 hours.
Here’s how to set your PayPal account as your preferred Fiverr withdrawal method, and make your first withdrawal:2
- Create a PayPal account (with your email address) if you don’t already have one
- Log in to your Fiverr account
- Go to the ‘Earnings’ page
- Select ‘Manage payout methods’ and choose ‘PayPal’
- Choose the currency you want to withdraw in and click ‘Save’
- Login to PayPal to verify your account and confirm that you want to link it to Fiverr
- Complete the phone verification step
- Check the details and confirm
- You’re ready to withdraw funds - simply enter the amount you want to withdraw and complete the on-screen steps.
It’s important to note that the setup and first withdrawal to PayPal must be done on desktop. After that, you’ll be able to initiate and manage all Fiverr paymentsusing its mobile app.
Payoneer is a US payment platform that allows you to receive and transfer money to people worldwide.
To use it to get paid on Fiverr and other freelancing platforms, you firstly need to set up your Payoneer account.
There are three available options - sellers can either send money to their Fiverr Revenue card, withdraw to their Payoneer account, or withdraw money directly to their bank account via Payoneer.
It’s important to note that you can only have one active Payoneer payment method at a time.
Take a look below for how to use each method to withdraw a Fiverr balance.
Payoneer provides its clients with a Fiverr Revenue Card, powered by Mastercard.
The Fiverr Mastercard works like a debit card; it is flexible to use and accessible for sellers to get their money. After withdrawing money to the Fiverr revenue card, you can use the card for online shopping or take the cash from an ATM.
It’s no longer possible to create a new Fiverr Revenue Card, but you can continue to use an existing one. When it expires, you’ll be given the option to replace it with a Payoneer card.2
Key things you need to know:2
- The minimum withdrawal is $30 USD
- The maximum withdrawal is $5,000 USD
- The fee for Revenue Card withdrawals is $1 to $3 USD
- Withdrawals take up to 2 working days.
To withdraw funds to a Fiverr Revenue Card, you simply need to select this as your withdrawal method and enter the withdrawal amount.
Another option is to withdraw money to your Payoneer account.
Key things you need to know:2
- The Fiverr minimum withdrawal to Payoneer is $10 USD
- The maximum withdrawal is $5,000 USD
- The fee for Payoneer account withdrawals is $3 USD
- Withdrawals take up to 2 working days.
To withdraw money from Fiverr to Payoneer, follow these setup steps:2
- Sign into your Fiverr account
- Go to the ‘Earnings’ page
- On ‘Manage payout methods’, select ‘Payoneer Account’.
- Choose the currency you wish to withdraw in and click ‘Save’
- You’ll receive an email to complete the setup - click the link to go to Payoneer and then click ‘Get started’
- Create a Payoneer account, or sign in if you already have one
- Complete phone verification and follow the other on-screen steps.
Once you’re set up, you can choose this as your preferred Payoneer withdrawal method.
The third option is a bank transfer, powered by Payoneer.
Key things you need to know:2
- The minimal withdrawal is $20 USD
- The maximum withdrawal is $5,000 USD
- The fee for Payoneer account withdrawals is $1 USD
- Withdrawals take 1 to 3 business days (local currency) or 5 to 7 business days (USD wire).
The Fiverr withdraw to bank account process is the same as above, but you’ll need to choose ‘bank account’ as your chosen withdrawal methods. Enter your bank details, follow any security or verification steps, and confirm. Then you can initiate your withdrawal.
| 💡 Read Our Complete guide to payments on Fiverr |
|---|
Yes, Fiverr charges withdrawal fees of $1 to $3 USD depending on which withdrawal method you choose.2
The withdrawal platforms - Payoneer and PayPal - may also have their own charges, especially when it comes to currency conversion.
Fiverr uses USD as its main currency, so your balance will be held in USD and needs to be converted to GBP before it's paid to you. This usually means a currency conversion fee will be applied by the receiving platform, and these can eat into your freelancer earnings.
Luckily, there’s a workaround available - read on to find out more.
If you want to swerve the currency conversion fees charged by PayPal and Payoneer, there’s a simple way to do it.
Open a Wise Business account and sign up for the Advanced plan (for a one-time fee of £50 (Advanced plan) or for free (Essential plan)). This unlocks access to local account details, including US dollars (USD).
You can simply add these USD details when choosing ‘bank transfer’ as your chosen withdrawal method on Fiverr. This means you’ll get paid directly in USD, without any other platform automatically carrying out a currency conversion and charging you a fee for it.
Wise Business uses the mid-market exchange rate, with no markup and low, transparent fees for currency conversion. This gives you complete control of currency exchange, and could mean you keep more of your money.
Disclaimer: The UK Wise Business pricing structure is changed on 26/11/2025. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
| Funding/deposit account | FX markup |
|---|---|
| Wise Business | None - mid-market exchange rate Currency conversion from 0.24% |
| PayPal | 3%3 |
| Payoneer | 1% to 4%4 |
Using a solution like Wise Business could save you money. For example, if you’re a freelancer earning £2,000, avoiding an FX markup/conversion charge of 3% to 4% could save you £60 to £80. And these savings can soon add up with each invoice and each new client.
With Wise Business, you can:
Make the wise choice when selecting a business account for your domestic and global needs.
Be Smart, Get Wise.
Disclaimer: The UK Wise Business pricing structure is changed on 26/11/2025. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
Sources used:
Sources last checked 30-Apr-2026
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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